I have already made such an investment decision myself, although unfortunately on a lot smaller scale than $1bn for my part. I have put about 75% to 80% in Flex LNG — a shipping company with a fleet of only the most modern LNG carriers reducing fuel consumption by around 60% compared to the steam generation.

The $1bn question

This article is part of a series written by people across shipping in response to this question about how to deploy a hypothetical TradeWinds Sustainable Shipping Fund:

How, where and why would you invest $1bn for the best return in sustainable shipping, as the industry grapples with the need to cut carbon emissions, improve efficiency and keep cargoes moving in a world facing multiple economic and political challenges? The investment will be made now and ideally held for the next seven years to the end of the decade.